Agrarian potential of Karabakh and East Zangazur – ANALYSIS

[ad_1] Despite all unsuccessful attempts of Armenia to destabilize the situation on the border, the works initiated by Azerbaijan to restore the liberated territories and develop their economic potential continue at a full. Basic infrastructure is being created in two economic regions – Karabakh and East Zangazur. These areas are cleared of mines, with energy,… Continue reading Agrarian potential of Karabakh and East Zangazur – ANALYSIS

Commissioner: Lack of coordination in South Caucasus restricts development potential

[ad_1] “An important factor that we observed during our discussions in any country is the lack of coordination. Therefore, the development potential of trade and investment in the region is restricted,” EU Commissioner for Neighborhood and Enlargement Olivér Várhelyi said at a press conference in Baku, Report informs. “By providing coordination, we can connect the… Continue reading Commissioner: Lack of coordination in South Caucasus restricts development potential

Ambassador: There is a great potential for Pakistani companies to invest in Karabakh

[ad_1] “There is a great potential for the Pakistani companies to invest in the restoration of the liberated territories of Azerbaijan,” said Pakistan’s ambassador to Azerbaijan Bilal Haye at a presentation of the Pakistan-Azerbaijan Economic Cooperation Chamber, Report informs. Pakistani companies aim to be among the first ones to invest in reconstruction projects in Karabakh.… Continue reading Ambassador: There is a great potential for Pakistani companies to invest in Karabakh

IMF: Structural reforms needed in Azerbaijan for long-term growth potential

[ad_1] Structural reforms are needed in Azerbaijan to boost productivity and long-term growth potential, Report informs referring to a report by the International Monetary Fund (IMF) following consultations with the Azerbaijani government under Article IV of the IMF’s Articles of Agreement. Comprehensive structural reforms in line with the recently approved national priorities for socio-economic developments… Continue reading IMF: Structural reforms needed in Azerbaijan for long-term growth potential

Zalkaliani: Cooperation potential outside region for countries of South Caucasus exist

[ad_1] “There is a potential for cooperation in the South Caucasus outside the region – with Central Asia and China,” Georgian Foreign Minister David Zalkaliani said at a panel on “South Caucasus: New Opportunities for Regional Peace and Cooperation” at the Antalya Diplomatic Forum. He stressed that there are already practical examples of such cooperation:… Continue reading Zalkaliani: Cooperation potential outside region for countries of South Caucasus exist